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COPYRIGHT 2006 Asia Pulse Pty Ltd
(Full text of a statement. Contact details below.) ,000 INITIAL ORDER; Additional Orders Expected in 2007
ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 28, 2006--Digital Angel Corporation (AMEX: DOC) announced today that the SARBE Division of its London-based subsidiary, Signature Industries, has signed a new contract with Royal Malaysian Air Force (RMAF) to provide SARBE G2R Personal Locator Beacon (PLB) for use by fast jet and helicopter aircrew.
RMAF has placed an initial order of more than $115,000 and the Company believes that additional orders approximating $2.5 million for such equipment will be made by the Royal Malaysian Air Force in 2007.
Training, support and spares will be ongoing and are expected to generate significant future revenue.
"After a rigorous selection process, we're delighted the Royal Malaysian Air Force has chosen our SARBE G2R Personal Locator Beacon," said Kevin McGrath, CEO...
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